General – Biofuel
As one of the first companies in the power cable industry, NKT has certified its cable-laying vessel NKT Victoria to be able to operate on HVO.
[Read more…] about NKT Victoria ready to operate on biofuelEquinor and OMV agree new long-term gas sales agreement
General – Gas Sales Agreement
Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV.
[Read more…] about Equinor and OMV agree new long-term gas sales agreementSubsea7 major subsea contract
Fossil Energy – Subsea7
Subsea7 today announced receipt of a client recommendation to execute, subject to consortium partners’ approval, a contract which will be recorded in the Subsea and Conventional business unit’s backlog in the third quarter 2023.
[Read more…] about Subsea7 major subsea contractCompletion of CP-16001, new offshore installation vessel Japan
Wind Energy – Japanese Installation Vessel
Penta-Ocean Construction is pleased to announce that CP-16001 (hereinafter, the Vessel), an offshore installation vessel equipped with a 1,600t lifting crane was completed and delivered.
[Read more…] about Completion of CP-16001, new offshore installation vessel JapanGIGA Storage announces large-scale energy storage project in Belgium
General – Energy Storage
GIGA Storage Belgium announced today that they are planning to develop a large-scale energy storage project in Kinrooi.
[Read more…] about GIGA Storage announces large-scale energy storage project in BelgiumRosebank field to progress in the UK
Fossil Energy – Rosebank Development
Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS), investing USD 3.8 billion.
[Read more…] about Rosebank field to progress in the UKPrinciple Power expands WindFloat product portfolio
Wind Energy – Floating Wind
Principle Power, a provider of floating foundation solutions for the floating wind industry, said Tuesday it had expanded its WindFloat product portfolio to two fully industrialized products: the existing WindFloat tubular – now called WindFloat T – and the new flat panel, pontoon-based solution, known as the WindFloat F.
[Read more…] about Principle Power expands WindFloat product portfolioSubsea Integration Alliance signs MoU with bp
Fossil Energy – Integrated Subsea Developents
Subsea7 announced that Subsea Integration Alliance1 has signed a memorandum of understanding (MoU) aimed at forming a framework agreement with bp for integrated subsea developments.
[Read more…] about Subsea Integration Alliance signs MoU with bpTenneT invests 1.9 billion euros in substations
General – Substations
Yesterday, TenneT, together with Siemens Energy, Hitachi Energy, GE Grid and Royal SMIT, has signed a framework agreement worth 1.9 billion euros for the supply of 110 compensation coils and 160 power transformers destined for Germany and the Netherlands.
[Read more…] about TenneT invests 1.9 billion euros in substationsCarnegie wins more European funding towards Spain wave energy project
General – Wave Energy
Close on the heels of its last funding success, Australian listed wave power company Carnegie Clean Energy has secured another €1.2 million to push its Spanish plans forward.
[Read more…] about Carnegie wins more European funding towards Spain wave energy project